Unemployment in the eurozone has dipped to an all-time low in a sign that the region’s labour market remains in good shape despite weak economic growth.
Eurostat, the EU’s statistical agency, said on Tuesday the single currency bloc’s unemployment rate was 6.4 per cent — a record low — as it also revised down the rate in the previous two months from 6.5 per cent to 6.4 per cent.
The region’s labour market has proved more resilient than expected by economists, who had forecast a jobless rate for June of 6.5 per cent in a Reuters poll.
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